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Can cannabis bail out Illinois from deep financial trouble?

04-25-17 Category: Addiction, Marijuana, Treatment

Can cannabis bail out Illinois from deep financial trouble?

The state of Illinois is in a deep financial crisis. The state’s financial comptroller says that the books are dreadfully abysmal. However, there could be a silver lining to the current scenario where cannabis comes to the rescue. If Illinois becomes the first state in the Midwest to decriminalize and tax the recreational use of marijuana, this could result in an annual revenue of $700 million, The Telegraph reported.

In view of the possible influx of the much-needed cash to revive the state’s worsening financial condition, two Democrats in the state legislature have proposed a bill to amend the law. In the event of passage of the bill, it would increase the number of states that have legalized recreational use of cannabis to nine. Additionally, if Washington DC were to be included, more than 80 million Americans would be able to use cannabis for recreational purposes.

But, given that recreational marijuana is not legal everywhere, banking could be a major problem as the Securities and Exchange Commission warned investors of multiple cannabis investment scams across the country. Nevertheless, in the coming future, the cannabis industry is projected to soar as one of the fastest-growing industries in America, creating thousands of employment opportunities across the country.

According to the website Marijuana Business Daily, more than 100,000 workers are already employed in cannabis business establishments, which included some 27,000 involved in cultivation activities, 52,000 in dispensaries and 66,000 in ancillary industries.

Cannabis is highly-addictive substance

Marijuana use is becoming popular nationwide. According to the National Survey on Drug Use and Health (NSDUH), more than 22 million Americans aged 12 or older were using marijuana in 2015. The surge in marijuana addiction rates can be attributed to the increasing ease of availability, perceived lack of harm and the growing social acceptance of the drug.

However, marijuana is a highly-addictive drug. It is known to stay in the system for a longer period of time exposing the individual to several health hazards. Research shows that use of marijuana over a period of time can cause short-term memory loss and chronic smoking can damage the respiratory tract. Besides, it is also known to affect one’s social life as well as career, making it impossible for those in the depths of addiction to break free from the clutches of the drug. Research suggests that the presence of the neurotoxin, delta-9 tetrahydrocannabinol (THC), in cannabis is the major cause of abuse and addiction.

The Food and Drug Administration (FDA) has neither recognized nor approved the medicinal value of cannabis. It continues to be classified as a Schedule I drug under the Controlled Substances Act as it has high potential for abuse. In fact, experts believe that the nation is doing a terrible disservice to the future generations by adopting a carefree attitude toward the perils of cannabis.

Treatment alone is key to sobriety

Sovereign Health understands the plight of someone who is unable to discontinue the use of harmful substances despite the adverse effects on his or her life. Our individualized marijuana addiction treatment programs are structured to meet the patient’s needs in order to treat the person holistically. Treatment at Sovereign Health of San Clemente is designed to help foster addiction recovery by facilitating marijuana addiction treatment for individuals whose pain has led to an addiction of marijuana or any cannabis product.

If you or your loved one is battling addiction to marijuana or any other drug, get in touch with Sovereign Health to gain access to the latest and innovative treatment methods at our state-of-the-art marijuana addiction rehab centers spread across the U.S. Whether you are looking for marijuana addiction treatment centers in California or at a place closer home, call at our 24/7 helpline or chat online to know about the most effective recovery programs at our reliable marijuana rehab centers.

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